Key Super Decisions Before July 2017 (Edition 4)

New superannuation regulations will take effect from July 2017. Changes may require people to make critical decisions to optimise their financial well being To assist you to resolve if you are affected, I shall present each of the regulatory changes progressively over the coming months. Issue 4: TTR Pensions This article relates to ” transition […]

Key Super Decisions Before July 2017 (Edition 3)

New superannuation regulations will take effect from July 2017. Changes may require people to make critical decisions to optimise their financial well being To assist you to resolve if you are affected, I shall present each of the regulatory changes progressively over the coming months. Issue 3 PensionsThis article relates to “retirement” pensions and ” […]

Key Super Decisions for 2017 (Edition 2)

New superannuation regulations will take effect from July 2017. Changes may require people to make critical decisions to optimise their financial well being To assist you to resolve if you are affected, I shall present each of the regulatory changes progressively over the coming months. Issue 2 (concessional contributions)A concessional contribution is one where either […]

Key Super Decisions for 2017

New superannuation regulations will take effect from July 2017 Changes may require people to make critical decisions to optimise their financial wellbeing To assist you to resolve if you are affected, I shall present each of the regulatory changes progressively over the coming months. Issue 1 (non concessional contributions) A Non concessional contribution is one […]

Super Checklist for 2016/17

Following the passing of the super reforms through parliament, fund members may need to review several issues before 30th June 2017 including: For high super balances near $1.6M, strategies to equalise balances between couples may be appropriate. The opportunity to contribute more on both a concessional (pre tax) and non concessional (after tax) basis during […]

How to Preserve Your Age Pension

From 1st January 2017, the Centrelink assessment of assets will change for age pensioners. The thresholds above which entitlements reduce or are eliminated will change and the rate of change will double. This means that some people currrently in receipt of part pensions could see their incomes reduce, thus requiring them to draw upon savings […]

Check Your Super Fund Statement

My recent discussions with a super fund administrator on behalf of a client served to highlight the importance of checking your annual super fund statement. Things that members need to check include: The classification of contributions as “concessional” or “non concessional” will determine their tax treatment. Also, members able to claim a personal tax deduction […]